FREDERICTON, New Brunswick—New Brunswick's first casino will be built near the Magnetic Hill tourist site in Moncton, the provincial government said.
Sonco Gaming New Brunswick Ltd. will build the gaming facility, a 128-room hotel and an entertainment venue that will seat 1,500. A separate banquet hall will have room for 1,400.
The total cost of the privately financed project is pegged at $90 million, and the project will create 400 full-time jobs. Four companies competed for the project.
A number of committees were formed to make the decision for the Liberal government to avoid any appearance of political interference.
Across the international border in Maine, the Passamaquoddy Indian tribe wanted to develop an entertainment complex featuring harness racing and a casino in Calais, but the proposal was rejected by the state's voters in November.
